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    3319 S Morgan Street

    Chicago, IL 60608
    • $1,500,000
    • STATUS: Active
    • ON SITE: 82 days
    • MLS #: 10978394
    UPDATED: 29 min ago
    $1,500,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,579
      SQFT
    • $328
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2021
    County:

    School Ratings & Info

    Description

    NEW CONSTRUCTION OPPORTUNITY IN BRIDGEPORT! Coldwell Banker is pleased to present this pro forma 7% cap investment with projected delivery date of October 2021! This 4-Story 3-Unit building will feature a first floor retail space consisting of 1204 SF. The 2nd floor will feature 3 bedrooms & 2 full bathrooms with 1262 SF while the 3rd & 4th floor duplex up features 3 bedrooms and 3 full bathrooms at 2147 SF. The building will showcase quality craftsmanship & top of the line finishes with a 2-car garage & rooftop deck. Please refer to 3315 S Morgan St also listed for sale (mls#10956958) for comparable project; also can be purchased as portfolio package, ask for details. All utilities will be separated, & this turnkey investment opportunity can consistently generate strong positive cash flow for years to come.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-17T07:51:56.627 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    3319 S Morgan Street Chicago, IL 60608

    • Price: $1,500,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 10978394
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    4,579
    SQFT
    $328
    $/SQFT
    2021
    Built
    Neighborhood:
    Chi - Bridgeport
    County:
    Cook
    Area:
    Chi - Bridgeport
    Property Description
    NEW CONSTRUCTION OPPORTUNITY IN BRIDGEPORT! Coldwell Banker is pleased to present this pro forma 7% cap investment with projected delivery date of October 2021! This 4-Story 3-Unit building will feature a first floor retail space consisting of 1204 SF. The 2nd floor will feature 3 bedrooms & 2 full bathrooms with 1262 SF while the 3rd & 4th floor duplex up features 3 bedrooms and 3 full bathrooms at 2147 SF. The building will showcase quality craftsmanship & top of the line finishes with a 2-car garage & rooftop deck. Please refer to 3315 S Morgan St also listed for sale (mls#10956958) for comparable project; also can be purchased as portfolio package, ask for details. All utilities will be separated, & this turnkey investment opportunity can consistently generate strong positive cash flow for years to come.
    Exterior Features

    Location Mixed Use Area Miscellaneous Outside Balcony/IesOther Parking Total 2

    Interior Features

    Cooling Central Individual Electric Separate Meters Fire Protection Carbon Monoxide Detector(S) Heat Ventilation Central Heat/Indiv Controls Indoor Parking Detached Number Of Apts 2 Number Of Dishwashers 2 Number Of Disposals 2 Number Of Dryers 2 Number Of Offices 0 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 1 Number Of Washers 2

    Property Features

    Additional Parcels YN No Built Before1978 YN No Cap Rate 7 Electric Expense 0 Expense Year 2020 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Chicago South Gross Income 120000 Gross Scheduled Income 120000 Insurance Expense 4192 Lot Size Dimensions 130X25 Net Operating Income Year 2021 Number Of Tenants 3 Operating Expense 15382 Other Expense 0 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeat Total Actual Rent 2.18 Total Monthly Income 10000 Trash Expense 400 Utilities Electric To SiteGas To SiteSanitary SewerWater To Site Water Sewer Expense 400 Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-17T07:51:56.627 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Rossi and Taylor Realty Group
    8025 Wicker Avenue
    St John IN, 46373